Oi and Portugal Telecom to merge to create Brazil-based mega-telco
Portugal Telecom and Brazilian telecom operator Oi have signed a Memorandum of Understanding to merge their companies in a move that would see the creation of a combined entity headquartered in Rio de Janeiro. The merger follows the creation of a strategic alliance led by former Portugal Telecom and Oi CEO Zeinal Bava in 2010. […]